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International Business Times

Business

Luke Funk

Airbus Cutting Up To 2,500 Jobs In Defense And Space Division

Airbus Boeing Cathay

This photograph taken on February 29, 2024, shows the logo of the Airbus company at the Airbus Atlantic plant in Bouguenais, near Nantes, western France, on February 29, 2024. (Credit: SEBASTIEN SALOM-GOMIS/AFP via Getty Images)

Airbus Defense and Space says it will cut up to 2,500 positions as part of a reorganization.

Airbus says it needs to adapt due to a "continued complex business environment, especially in the Space Systems segment."

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